News for 'department-of-finance'

Delhi Lt Guv sacks 223 DCW employees hired 'without due procedure'

Delhi Lt Guv sacks 223 DCW employees hired 'without due procedure'

Rediff.com2 May 2024

An order was issued to terminate 223 contractual employees of the Delhi Commission of Women after Lieutenant Governor V K Saxena gave his nod to a proposal on it, officials said on Thursday.

Social stock exchange sees its first listing

Social stock exchange sees its first listing

Rediff.com14 Dec 2023

Social stock exchange (SSE) saw its first listing on Wednesday, with SGBS Unnati Foundation becoming the first entity to take this route to avail financing. The foundation - engaged in vocational training of youth - raised Rs 1.8 crore from four investors. These include brokerage firm Zerodha and National Bank for Agriculture and Rural Development (Nabard).

Channi keeps 14 portfolios, Amarinder's ministers retain theirs

Channi keeps 14 portfolios, Amarinder's ministers retain theirs

Rediff.com29 Sep 2021

Punjab Chief Minister Charanjit Singh Channi on Tuesday allocated portfolios to the new ministers, keeping 14 departments with himself and giving home affairs to deputy chief minister Sukhjinder Singh Randhawa and health to other deputy O P Soni.

India to get details of Swiss bank accounts from Sept 2018

India to get details of Swiss bank accounts from Sept 2018

Rediff.com23 Nov 2016

Switzerland will not share details about accounts held prior to September 2018.

How to solve financial sector's $75 bn problem

How to solve financial sector's $75 bn problem

Rediff.com28 Sep 2020

'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down its costs, and put the financial sector on a definite path of recovery,' argues former RBI deputy governor Viral Acharya.

New Indo-Swiss pact will help unearth black money

New Indo-Swiss pact will help unearth black money

Rediff.com4 Oct 2011

The MoU deals with creation of a useful forum for exchange of views on financial and macro-economic issues. Official sources said the MoU will facilitate dialogue between the tax authorities of the two countries.

Black money: Indian, Swiss officials to meet soon

Black money: Indian, Swiss officials to meet soon

Rediff.com9 Oct 2014

The government has stated that it will make all efforts to bring back illicit wealth parked by its citizens in foreign jurisdictions.

Swiss info on black money: India may have to wait till 2012

Swiss info on black money: India may have to wait till 2012

Rediff.com25 Jan 2011

India may have to wait till at least next year for information from Switzerland on possible black money trail to Swiss banks, as a treaty for the same might come into force only by the end of 2011.

Dubai may not bail out Dubai World

Dubai may not bail out Dubai World

Rediff.com1 Dec 2009

"They (the creditors) think Dubai World is part of the government, which is not correct. The government is the owner of the company, but since its foundation it was clearly established that the company is not guaranteed by the Dubai government," Dubai's Department of Finance Director General Abdulrahman al-Saleh told Dubai Television.

Should India rescue Dubai?

Should India rescue Dubai?

Rediff.com4 Dec 2009

Is this the time to use India's forex reserves to bail out Dubai? The emirate might be grateful, but how would the others in the United Arab Emirates react? asks TVR Shenoy.

120 war memorials present across the nation

120 war memorials present across the nation

Rediff.com22 Jul 2014

There are around 120 regional war memorials built by various formations of the Army across the country and the government was considering a proposal to construct a national war memorial in the country's capital.

OPS: From chaiwallah to Jaya's trusted Man Friday

OPS: From chaiwallah to Jaya's trusted Man Friday

Rediff.com6 Dec 2016

He belongs to the dominant Mudukulathor community and has risen from humble origins, having run a tea stall at his home town Periyakulam which is still being operated by his family.

Viral Acharya new RBI deputy governor

Viral Acharya new RBI deputy governor

Rediff.com28 Dec 2016

The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.

Amarinder keeps home portfolio; Sidhu gets local govt, Manpreet finance

Amarinder keeps home portfolio; Sidhu gets local govt, Manpreet finance

Rediff.com16 Mar 2017

Amarinder would hold the portfolios of General Administration, Personnel, Home Affairs and Justice, Vigilance and other departments not assigned to any other minister.

India asks Switzerland to ratify global tax convention

India asks Switzerland to ratify global tax convention

Rediff.com22 May 2014

India and a large number of other countries, including Switzerland, have adopted a global declaration for automatic exchange of tax information under auspices of OECD.

Cooperation with India on tax issues at good level: Switzerland

Cooperation with India on tax issues at good level: Switzerland

Rediff.com22 Jan 2016

Both countries have been working on administrative assistance.

Switzerland gears up for automatic exchange of tax info

Switzerland gears up for automatic exchange of tax info

Rediff.com8 Oct 2014

Switzerland has been perceived for long as a safe haven for alleged illicit funds or black money

India, Switzerland improve cooperation on tax matters

India, Switzerland improve cooperation on tax matters

Rediff.com10 Dec 2015

Many requests are pending with the Swiss authorities.

How UPA's gold import scheme provided fodder for PNB scam

How UPA's gold import scheme provided fodder for PNB scam

Rediff.com7 Mar 2018

The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing

Black money: Swiss govt says India cannot disclose names to SC

Black money: Swiss govt says India cannot disclose names to SC

Rediff.com30 Oct 2014

The Swiss Finance Ministry spokesperson further said the treaty states that "such persons or authorities shall use the information 'only' for such purposes.

Jayalalithaa invited to form govt by Tamil Nadu Governor

Jayalalithaa invited to form govt by Tamil Nadu Governor

Rediff.com22 May 2015

Tamil Nadu Governor K Rosaiah on Friday accepted the resignation of Chief Minister O Panneerselvam and invited All India Anna Dravida Munnetra Kazhagam chief Jayalalithaa to form the new government.

India may have to wait for automatic exchange of Swiss info

India may have to wait for automatic exchange of Swiss info

Rediff.com12 Oct 2014

The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.

Present govt will not recover black money: Jethmalani tells SC

Present govt will not recover black money: Jethmalani tells SC

Rediff.com12 May 2015

Noted jurist Ram Jethmalani on Tuesday accused in the Supreme Court the National Democratic Alliance government and the previous United Progressive Alliance dispensation of failure to bring back black money stashed abroad and criticised leaders including Prime Minister Narendra Modi, Bharatiya Janata Party President Amit Shah and Finance Minister Arun Jaitley on the issue.